Today we will analyze the stock POLYMET MINING CP COM NPV (POM.TO) for internet stock trading in the TO stock market,
Stock Technical indicators to notice in POLYMET MINING CP COM NPV (POM.TO)
1- Last bullish trend was from 1.01 $ (4/23/2012) to 1.08 $ (5/1/2012) a 0.07 $ move 2- The current bearish trend started from 1.08 $ at 5/1/2012 and is currently trading at 1.02 $.
3- POM.TO current support level is at 1.01 which is the 100.00 % fibonacci retracement of the last 0.07 $ move.
4- POM.TO current resistance level is at 1.04 which is the 61.80 % fibonacci retracement of the last 0.07 $ move.
5- According to ADX Indicator, the trend is currently strong bearish, which is getting stronger.
POLYMET MINING CP COM NPV (POM.TO) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 1.080 and 1.110, and is currently resisting at 1.071.
POLYMET MINING CP COM NPV (POM.TO) Mid term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 1.110 and 1.300 that was broken up at 1.040 transforming into a supporting line.
POLYMET MINING CP COM NPV (POM.TO) Long term stock chart patterns for internet stock trading :

8- The Stock formed a 0.490 $ height triangle which was broken down at 1.150, target of the pattern is 0.660.

Stock Trading Conclusion:
POLYMET MINING CP COM NPV (POM.TO) was trading in a strong bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 1.03, 1.04, 1.04, 1.05, 1.05, 1.05, 1.06, 1.06, 1.07, 1.08, 1.23.
Stock Support levels : 1.01, 0.99, 0.97, 0.93,.